What are the visa and financial requirements for retiring in Thailand for a couple?

Question

Good evening guys just a quick question

The wife and I are looking to retire to Thailand (Hua Hin) area next Sept.

I currently am on the understanding that I either need 800000 baht in a Thai bank or an income of 65000 baht a month as well as both being over 50 which we both will be just😂

I think I’m happy with renewal process every 12 months and need to show 800000 3 months prior to renewal and 3 months after and it should never drop below 400000.

My questions are

If I was to get a non immigrant O visa in Thailand is there a cost

Does the above funding apply for both my wife and I ( both British) or will she be classed as a dependant.

Thanks in advance

Ask Thailand · Answer

The discussion revolves around retirement in Hua Hin, Thailand, and the visa requirements for a couple. The main requirements include having either 800,000 baht in a Thai bank account or a monthly income of 65,000 baht for each person, with both partners needing to be over 50 years old. If applying for a Non-O visa, there are associated costs including a 2,000 baht application fee and 1,900 baht for annual extensions. Additionally, one spouse can apply as a dependent, avoiding the financial requirements. It is noted that the income requirement must be certified by a national embassy, which may not apply in some cases for UK citizens.

Willem **** · Answer

Meeting the income requirement of 65000 baht must be certified  by your national embassy in Thailand. Some countries do not give a income statement such as USA, UK etc. Then only 800.000 baht on a Thai bank will be accepted.

Leo ****** · Answer

Would the  65000 bahts monthly income requirement for each person ?

Ellie ******* · Answer

You can do one of followings, in case you want to do your procedure once you enter Thailand:

1. both of you will apply for Non-O based on retirement, each has to meet the financial requirements

<- You both can apply in Thailand at once

2. one of you applies for Non-O based on retirement meeting financial requirements, another applies for Non-O based on being dependent on a foreigner who has a legal stay in Thailand (Non-O retirement visa/extension. so-called Non-O trailing spouse), providing proof of relationship with the main person but without financial requirements

<- trailing spouse has to apply for an initial Non-O visa outside Thailand AFTER the main foreigner is on his 1-year extension

The official costs are:

- 2,000 baht fee for an in-county initial Non-O visa application

- 1,900 baht fee for a yearly extension later

The additional costs are:

- fee for bank letter/transaction

- fee for government official papers (marriage cert, etc)

What are the visa and financial requirements for retiring in Thailand for a couple?

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